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The market price of a bond with 1 2 years until maturity and an annual coupon rate of 8 % decreased yesterday. Which one of
The market price of a bond with years until maturity and an annual coupon rate of decreased yesterday. Which one of these may have caused this price decrease?
Market interest rates increased.
The bond's rating was upgraded.
The issuing firm announced that its annual earnings met investor expectations.
The issuing firm announced the next interest payment.
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